Press ReleasesLegislative Audit Bureau: Announces the release of report 19-16, State Life Insurance...

Legislative Audit Bureau: Announces the release of report 19-16, State Life Insurance Fund.

September 25, 2019

The State Life Insurance Fund, which is self-funded through insurance premiums and investment earnings, provides low-cost life insurance to Wisconsin residents. Its financial statements for the years ended December 31, 2018, December 31, 2017, and December 31, 2016, were fairly presented in accordance with financial reporting requirements prescribed by the Wisconsin Commissioner of Insurance. The surplus-to-assets ratio has been within the statutorily specified range since 2014 and was 7.6 percent as of December 31, 2018.